VIP Space Odyssey (Phase 1) - Pre-Sale Condominium in Phuket

PhuketPre-sale
Unit size
29.3–60 m²
Bedrooms
0–2
Type
Condo
Completion
Dec 2027

Description

VIP Space Odyssey (Phase 1) is a pre-sale condominium project comprising 290 residential units in Phuket. The development is scheduled for completion by the end of December 2027, positioning it for buyers prepared to commit to a construction timeline of approximately three years from current sale date. The project's unit mix spans three layout types: studios at 29.3 m², one-bedroom apartments at 32 m², and two-bedroom units at 60 m². The availability of compact formats alongside family-size two-bedroom configurations reflects a design oriented toward both individual investors targeting rental income and buyers seeking seasonal-residence or relocation options.

As a condominium, VIP Space Odyssey falls under Thai property law that permits foreign nationals to acquire up to 49 percent of the total saleable area within a project on a freehold basis, provided the foreign-quota allocation remains available at the time of reservation. Buyers should verify the current foreign-quota status directly with the developer and confirm that their chosen unit falls within the allowable portion. The remaining majority of units is reserved for Thai nationals or is available to foreigners under alternative ownership structures such as long-term leasehold or Thai-entity holding.

The project includes a swimming pool, fitness centre, and children's play area as part of its common facilities. These amenities support both own-use scenarios and rental appeal, particularly in a market where families and fitness-conscious travellers constitute a significant segment of short-term tenant demand. Buyers evaluating rental potential should account for the high supply of new condominium inventory across Phuket and assess realistic occupancy assumptions and operating costs before finalizing investment decisions.

Phuket remains Thailand's largest island market and attracts a diverse mix of long-stay residents, digital nomads, retirees, and seasonal holidaymakers. Infrastructure, international schools, hospitals, beach access, and connectivity vary significantly by district, so prospective buyers should visit the specific location, examine transport links, and evaluate neighbourhood characteristics in person or through trusted representation.

VIP Space Odyssey (Phase 1) suits buyers comfortable with pre-construction timelines, those seeking condominium foreign-freehold eligibility, and investors or owner-occupiers attracted to Phuket's year-round climate and established expatriate services. Completion-date certainty, build quality, and developer track record should be verified through independent legal and technical due diligence before any reservation or contract signature.

About the units

Unit sizes29.3–60 m²
Bedrooms0–2
Price per m²฿150,000
Total units287
Available units165
Unit typeAreaPrice fromAvailable
Studio29.3 m²฿4,410,00096
1 bedroom32 m²฿5,760,00039
2 bedrooms60 m²฿9,300,00030

Rental ROI calculator

Model the rental income of this purchase - adjust yield and occupancy to your own assumptions.

9.0%
75%
Monthly income (net)
฿24,800
Annual income (net)
฿297,670
Net yield / year
6.8%
Payback period
14.8 yrs

Indicative model, not a guarantee of income. Net figures assume ~25% of gross income goes to management and upkeep; the yield estimate is normalised to 75% occupancy. Rental income, taxes and fees must be confirmed per project before purchase.

About the project

Property typeCondo
StagePre-sale
CompletionDec 2027
Total units287
Available units165
AreaPhuket

Amenities

PoolKids' playgroundGym

Location

Phuket

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